AUSTRALIA ALLOCATES $7 BLN FOR RECYCLING OF RUSSIAN NUCLEAR-POWERED VESSELS

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MOSCOW, June 24, 2004 (RIA Novosti) - A document has been signed according to which Japanese-Russian Committee will get $7 bln. for recycling of Russian nuclear armaments.

Japanese Foreign Minister Yoriko Kawaguchi, Australian Ambassador to Russia Leslie Rowe and Department Head of the Russian Federal Atomic Energy Agency Sergei Antipov took part in the signing ceremony in the Japanese Embassy on Thursday.

"Australian government is happy to contribute $7 bln. to the Global Partnership Project of the 'G-8' against proliferation of weapons of mass destruction," the Australian ambassador said after the signing ceremony.

In 1993 both Japan and Russia set up an international organization called Japanese-Russian cooperation committee for elimination of Russian nuclear weapons, which are to be reduced. The goal of the organization is to support safe recycling of nuclear weapons which are to be reduced in Russia.

Australia took a decision at the last G-8 summit in Sea Island (Georgia, the USA) to participate in a project for reduction of Russian nuclear submarines which is being implemented by Russia and Japan.

Russia's Far East has 30 nuclear submarines which are to be recycled. Their fast and safe elimination is very important for nuclear disarmament, non-proliferation of nuclear weapons; it prevents pollution of the Japanese Sea as well.

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